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Politics : Formerly About Advanced Micro Devices
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To: VLAD who wrote (38695)10/7/1998 6:21:00 PM
From: Thomas G. Busillo  Read Replies (1) of 1577903
 
VLAD, no. IMHO, he's just the sleaziest. He operates on the Kurlak model - call outrageous conjecture "research", have it disseminated, see the stock move, see the move attributed to your "research", and know that most financial journalists as a group are too lazy or too co-opted to remember what you told them a month ago when it turns out to be a crock of sh*t.

I bought too & hold at a loss. I'll take the chance that the majority of the selling is short-term profit-taking/late-buyers taking losses and maybe some options positions closing (would be interesting to see whether all those 20's yesterday were bought to open or sold to open).

The analyst have done a great job of spinning the story. But guys, c'mon get your talking points right. Bob Pisani is out there pitching "slower PC growth" (as usual - no named sources from Pisani) and Dow Jones is running with the "anticipated R&D spending angle" pitched by Nirenberski and Barlage (both have hold/neutrals on it; gee, I guess either it's just too difficult for Dow Jones to research their positions or Dow Jones is unwilling to even hint at piercing the illusion that these guys are all just objective observers who would never disproportionately tout certain items merely to support their ratings <g>)

Good trading,

Tom
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